Gyanesh Chaudhary will retain his position as the Managing Director of the company. With Vutukuri’s appointment, Chaudhary will take on a more strategic role involving portfolio diversification, key strategic initiatives, and future ventures
February 05, 2020. By News Bureau
Vikram Solar has announced the appointment of renewable energy sector veteran, Saibaba Vutukuri as the new Chief Executive Officer (CEO) of the company. This announcement comes in at an important juncture, marking the next phase of growth at Vikram Solar.
Gyanesh Chaudhary will retain his position as the Managing Director of the company. With Vutukuri’s appointment, Mr Chaudhary will take on a more strategic role involving portfolio diversification, key strategic initiatives and future ventures.
Vutukuri, a post-graduate in International Business (MBA) from Copenhagen Business School, has over 3 decades of industry experience, with more than two decades spent in the wind and solar sector. Besides serving as the President and CEO- Diversification of the BSE listed Inox Wind Ltd in his last assignment, Vutukuri has previously held leadership positions in several organizations including Business Head/Chief Executive, India Business (South and East) and South East Asia markets at Suzlon Energy Ltd among other leadership roles.
Speaking about Vutukuri’s appointment, Gyanesh Chaudhary, Managing Director, Vikram Solar said, “Sai’s knowledge and experience will be an extremely valuable asset to Vikram Solar. His wide experience in solar manufacturing, corporate affairs and international markets will help us to further strengthen our leadership position in the renewable sector. I will be supporting Sai in the transition process during the first half of the year to ensure a seamless experience for all our internal and external stakeholders.”
The newly appointed Chief Executive Officer of Vikram Solar, Saibaba Vutukuri shared “I’m delighted to be joining Vikram Solar as the CEO at an exciting time for the business. It is a remarkable company with a long history of outperformance, creating innovative products. I’m looking forward to working with an exceptional group of leaders over the coming years to continue to transform Vikram Solar.”
He further added, “It is important to state that we, at Vikram Solar, are going to stay true to our DNA and will continue to make the best products in the industry that delight our customers and make our employees incredibly proud of what they do.”
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